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Non-Tech : The ENRON Scandal
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To: opalapril who wrote (2650)2/8/2002 5:29:27 PM
From: Mephisto  Read Replies (1) of 5185
 
"It's way past time analysts started down grading companies with pusillanimous boards that routinely approve ridiculously high CEO salaries."

opalapril, I agree but I don't know what we can do about it. Enron isn't the only company with
inside sellers. In an article I posted awhile back, it was reported that Oracle's LE sold a
large chunk of stock four or five weeks b4 the company announced that it wouldn't meet
earnings.

I was surprised that Skilling didn't take the Fifth. Skilling must have shredded all the evidence
that would implicate him in a criminal investigation. Otherwise, I do not believe he would
have testified b4 Congress.

Opinion?
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